As the social distancing regulations tightened with the fourth Covid-19 wave, travel and leisure businesses are especially challenged.
A major business lobbying group called on legislators to pass a raft of pending bills aimed at lifting regulations on new technologies and services including drones and telemedicine.
The white-underwear-only rule still existing in some girls’ middle and high schools in Seoul may soon be just a distant memory of the past.
E-scooters parked around Hongik University in western Seoul on Tuesday. The once-popular ride has lost many users since tough restrictions, requiring a drivers license and helmet, were implemented from May 13.
The amendment to the Passenger Transport Service Act was passed a year ago and is effective April 8. It creates a new class of transportation--the platform taxi--and tightly regulates participants. =
The financial regulator is, in principle, banning cross trading of private equity fund. The goal is to prevent trouble at one fund from being transferred to another as it was the case in Lime Asset Management.
As investors flock to bitcoin, boosting the value of the cryptocurrency to an all-time record, financial regulators say they will change regulations to fine cryptocurrency exchanges that do not actively take action against illegal activities.
Private equity funds will have to submit sales reports to the financial regulator every three months instead of six, and their total number of investors will be the subject of heightened scrutiny.
The government has been enforcing the Level 2.5 social distancing for more than two months around the capital region, while allowing one more business hour until 10:00 p.m. in other regions. Whether such strict measures are...
The chiefs of business lobbying groups — who themselves head major conglomerates — filled their New Year’s messages with pleas for deregulation, following a year that saw the passage of bills aimed at increasing scrutiny of corporate governance.